9 Penamber Court Benowa QLD 4217

6-bedroom wellness retreat | elevated 1502m² cul-de-sac | skyline views | multi-generational layout | Gold Coast school catchment The buying case rests on a rare configuration: six bedrooms with five bathrooms on a single, elevated 1502m² block at the end of a quiet cul-de-sac. For a buyer seeking multi-generational living or a wellness-oriented lifestyle, the 18% building coverage leaves substantial private outdoor space, and the 2010–2023 renovation effectively created a new house from a 1985 shell. The skyline views and absence of flood or bushfire overlays reduce insurance and resale friction. This property suits a family or investor targeting the premium rental bracket—$2,680 per week estimated—in a school-catchment location that holds demand. The primary risk is the 1985 double brick core: thermal mass is an advantage, but any latent structural or plumbing issues from the original build would be costly to remediate. The 2023 sale at $1.8 million and current estimate of $2.357 million imply a 31% uplift in under three years, which may reflect market movement or overcapitalisation on the renovation. A buyer should commission a full building and pest inspection focused on the original fabric. The opportunity is to hold for long-term capital growth on a scarce land parcel, or to use the layout for dual-income rental via separate wings. Treat this as a land play with a functional house attached.